SOL

Solana's SOL token saw significant gains, shooting past $240 for the first time in three years. The solana-bitcoin ratio is signaling a bullish breakout, hinting at further SOL outperformance ahead. CoinDesk's Christine Lee explores SOL and BTC optimism on the "Chart of the Day."

Nov 18, 2024

The crypto sector was exhilarated by the sweeping victory of Republican candidate Donald Trump in the presidential race. Bitcoin's record high buoyed DOGE and SOL gains among major tokens as the overall market rallied with the election results. Data from CoinMarketCap shows that the total market capitalization of crypto hit nearly $2.5 trillion, the highest in over three months. CoinDesk's Christine Lee presents the "Chart of the Day."

Nov 6, 2024

Memecoins on the Solana ecosystem jumped more than 30% in the past 24 hours, leading gains in the crypto market. This comes as the network’s underlying token SOL recovered losses from earlier in the week. Cat-themed popcat, surged 40% on the day and dog-themed token, dogwifhat has also jumped more than 25%. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Aug 7, 2024

Solana's SOL token nearly doubled to over $200 in the first quarter, since then the uptrend has lost steam, with pullbacks supported around $120. That has resulted in a so-called descending triangle pattern, comprising a downward sloping trendline, representing lower highs and a flat trendline, representing a solid support level. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 16, 2024

Juan Leon, Senior Investment Strategist at Bitwise Asset Management, weighs in on the likelihood for the spot SOL ETF applications being approved and what the applications mean for the institutionalization process of digital assets. Plus, whether a more crypto-friendly government could lead to the approval of the ETF products.

Jul 3, 2024

Bitwise Asset Management Senior Investment Strategist Juan Leon joins CoinDesk with insights on the position of bitcoin, ether, and Coinbase shares in a portfolio. Plus, the latest market trends as U.S. Presidential election heats up, and an outlook on the spot SOL ETF applications in the U.S.

Jul 3, 2024

Solana's native token SOL is on the rise following VanEck and 21Shares' announcements of their spot SOL ETF filings last week. The overall crypto market remains flat in reaction to the news but SOL's cumulative volume delta returns positive over the past week. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 2, 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today. VanEck files for a SOL ETF, six days after a similar product launched in Canada; Decentralized exchange Bluefin plans to launch its governance token in July; and Rarimo launches a competitor to Worlcoin called RariMe. Watch. This episode was hosted, edited, and produced by Jennifer Sanasie.

Jun 27, 2024

Solana's native token SOL has been leading the recent rebound in the digital assets market, outperforming most crypto majors. Daniel Cheung, co-founder of hedge fund Syncracy Capital, wrote on X that he’s confident SOL could retake the $200 level by the end of the month. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 20, 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Standard Chartered raised its year-end forecast for bitcoin's (BTC) price to $150,000 from $100,000. Plus, surge in Solana’s SOL token on the back of the meme coin frenzy. And Kalshi brings betting on crypto to U.S.-based traders?

Mar 18, 2024